Insurer Jackson Financial Inc. has completed its separation from Prudential plc through a demerger.
Lansing, Michigan-based Jackson, now an independent company, expects that its Class A common stock will begin “regular way” trading under the ticker symbol JXN on the New York Stock Exchange next Monday. The stock currently trades on a “when-issued” basis.
Prudential plc, a giant British insurer, is not related to U.S.-based Prudential Financial.
Wall Street leaders propose ways to monetize the mortgage giants.
A Texas-based bank selects Raymond James for a $605 million program, while an OSJ with Osaic lures a storied institution in Ohio from LPL.
The Treasury Secretary's suggestion that Trump Savings Accounts could be used as a "backdoor" drew sharp criticisms from AARP and Democratic lawmakers.
Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.
Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
